Whether it’s home insurance for homeowners, life insurance for families, or business insurance for business owners, insurance is a big part of life. Former international soccer star David Beckham reportedly had his legs insured for 195 million dollars. And it makes sense – if you’ve got something you value, you protect it. But Beckham’s protection …
Lead generation is an important part of a REALTOR®‘s work but there are some risks too, especially when it comes to telemarketing. REALTORS® and brokerages need to understand their role in protecting consumer privacy before picking up the phone – and it starts with the national Do-Not-Call List. What’s the national Do-Not-Call List? The Canadian …
2020 has already gotten off to an eventful start for REALTORS® – the new Professional Development Program framework came into effect on January 1 and the Real Estate Council of BC announced it has developed a new mandatory anti-money laundering course for all real estate licensees. Here at BCREA, we’re rolling up our sleeves and …
Droughts, water restrictions and wildfires have all become part of a typical BC summer, just like Okanagan cherries or a BC Day barbecue. Despite all of BC’s lakes and rivers, the truth is that water scarcity is a serious concern. That’s why the provincial government introduced the Water Sustainability Act in 2016, which requires anyone diverting and …
Radon, a naturally occurring odourless and colourless radioactive gas, may be out of sight but it certainly shouldn’t be out of mind when it comes to real estate transactions. In fact, radon is present at different concentrations (depending on the makeup of bedrock or sediment) throughout Canada. If radon levels are too high in a …
How to secure coverage during wildfire season Most buyers won’t realize there’s a difference between an insurance company giving them a quote for an insurance policy and an insurance company binding an insurance policy. But as a REALTOR®, you certainly should. When an insurance provider “binds” an insurance policy it means they’ve issued the policy …
How high do you score? One of the best parts of being a REALTOR® are the relationships you build with clients. Still, getting to know new clients isn’t without risk and veteran REALTORS® all have their stories of awkward or even dangerous situations they’ve experienced over the years. There are lots of resources available online …
A retirement savings option for REALTORS® REALTORS® in BC are generally classified as self-employed. Self-employed individuals who don’t have access to a workplace pension plan need to consider other retirement savings options. A Pooled Registered Pension Plan (PRPP), which pools your assets with those of others to reduce administration costs, is one option that you …
Help protect your clients this wildfire season! Wildfires have had a devastating impact on communities across BC in recent years. This year’s wildfire season has already begun and, as a REALTOR®, you can help protect your clients by reminding them of the importance of home insurance, both year-round and when buying or selling a home. …
Cashless deposits aren’t mandatory, but they sure are best practice So your clients have put an offer down on their dream property. The offer is accepted and the next step is to put down the deposit. In most cases, your client will already have contacted their bank and lined everything up to make the transfer. …